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Statistics |
| Unique Visitors: 0 |
| Total Unique Visitors: 18022502 |
| Visitors Out: 6429367 |
| Total Visitors Out: 18985765 |
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| Foreign banks confirm their professional business quality |
| 2010-03-06 01:11:36 |
VNBusinessNews.com - Along with expanding the network of ATMs in central HCM City, wholly foreign invested banks like ANZ and HSBC are gradually surpassing local lenders in terms of profit growth.Last year, according to the statistics of SBV-HCM City arm, foreign banks in HCM City posted a profit growth of 168.3 percent from 2008's 1.311 trillion dong to 3.517 trillion dong. Meanwhile, profit...
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| Electric wire and cable exports see growth ahead |
| 2010-03-06 00:59:56 |
VNBusinessNews.com - Electric wire and cable producers in Vietnam expect a rise in exports this year after an 11.6 percent slump in 2009.Nguyen Loc, deputy director of Vietnam Electric Cable Corporation, or Cadivi, told the Daily that the company had targeted to raise its export rate to 1 0 percent above last year's $7 million.Loc said Cadivi had created a new international marketing division to...
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| China hikes HRC export quotation to Vietnam |
| 2010-03-06 00:54:14 |
VNBusinessNews.com - It is reported that China has increased HRC export to Vietnam by USD 30 per tonne to USD 50 per tonne. The present quotation goes at USD 630 per tonne to USD 650 per tonne CFR yet transaction price remains to be USD 580 per tonne to USD 600 per tonne CFR.As per report, with the rising cost of raw material and international market price after Spring Festival holiday, China...
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| EU court rejects appeal on China/Vietnam shoe duty |
| 2010-03-06 00:51:25 |
VNBusinessNews.com - A European court has rejected an appeal by a number of Hong Kong and China-based shoemakers against import duties levied by the European Commission on shoes originating from China and Vietnam.Luxembourg-based EU General Court dismissed on Thursday all five appeals lodged by the companies against a decision by the EU's executive arm to impose tariffs of up to 16.5 percent on...
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| Petroleum price fluctuations to see more control |
| 2010-03-06 00:49:48 |
VNBusinessNews.com - “Petrolimex is by far the largest petroleum company in Vietnam, but it’s definitely not the only one in its field. There are actually 11 petroleum import and distribution companies out there in the market, and all are owned by the State,” Ms. Nguyen Cam Tu, Deputy Minister of Industry and Trade said.The Ministry of Industry and Trade has recently held a conference with...
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| Oil Rises to Highest Level in Almost 8 Weeks on U.S. Job Report |
| 2010-03-05 19:39:02 |
VNBusinessNews.com - Crude oil surged to the highest level in almost eight weeks and gasoline rose after U.S. employment declined less than forecast in February, bolstering optimism that fuel demand will climb.“We had a nice spike up on the jobless report,” said Addison Armstrong, director of market research at Tradition Energy in Stamford, Connecticut.Crude oil for April delivery gained $1.29,...
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| Gold ends week $20 higher on currency volatility |
| 2010-03-05 19:37:41 |
VNBusinessNews.com - Gold rose toward $1,140 an ounce on Friday, ending the week about $20 higher as a sovereign debt crisis in Greece spurred buying of the metal as a hedge against currency volatility.Palladium rose to its highest in more than two years, boosted by optimism about global autocatalyst demand and possible near-term tightness in the physical markets, analysts said.Gold's ability to...
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| AirAsia launches fares from US$3 |
| 2010-03-05 11:35:43 |
VNBusinessNews.com - AirAsia on Wednesday launched tax- and fee-inclusive fares starting from US$3 for a one-way trip with Asia’s leading low-cost carrier within Southeast Asia, including Vietnam and other destinations in the group’s network.The tickets are available on www.airasia.com or mobile.airasia.com from March 3 to 7 for travel from September 25 to February 13 next year.The sales office...
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| Handover of oil refinery rescheduled to early April |
| 2010-03-05 11:34:11 |
VNBusinessNews.com - Dung Quat Oil Refinery has seen its handover deadline repeatedly rescheduled, and the final date now is set at early April although the refinery is already running at full capacity, said a source from the project owner.The latest deadline of March 29 will surely be missed, which itself is a fresh deadline after Deputy Prime Minister Hoang Trung Hai had ordered relevant...
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| Coffee exchange to launch forward trading soon |
| 2010-03-05 11:32:38 |
VNBusinessNews.com - The Buon Ma Thuot Coffee Exchange Center, or BCEC in short, will launch forward trading operation next month alongside spot trading, providing more trading options for both traders and farmers, said the center’s director.Nguyen Tuan Ha told the Daily on Thursday that preparations are underway for introducing the modern trading method in line with international practices as...
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